About this role
Join Our Team as a Business Process Owner for Third-Party Risk Management (TPRM).
Join us in a pivotal role where you will lead the optimization of our Third-Party Risk Management (TPRM) processes, enhancing our procurement operations globally. As the Business Process Owner, you will oversee the entire TPRM lifecycle—from third-party intake and risk tiering to due diligence, contracting, ongoing monitoring, and offboarding. This is your chance to drive standardization and innovation, utilizing automation and digital workflows to ensure our processes are consistent, efficient, and compliant with regulatory standards.
Your Role:
- Lead Process Optimization: Drive the standardization and simplification of TPRM processes, working collaboratively with stakeholders across Procurement, Legal, Compliance, and Risk to create a unified global framework.
- Framework Development: Design and maintain a comprehensive TPRM framework that aligns with Merck policies and meets compliance obligations.
- Integrate Risk Management: Embed TPRM practices into procurement and contracting workflows, ensuring that risk considerations are effectively applied.
- Enhance Efficiency: Manage TPRM tool requirements, focusing on data quality and user adoption to improve overall process efficiency.
- Change Management: Communicate process changes, govern deviations, and develop training materials to foster understanding and compliance across the organization.
- Performance Monitoring: Define and track TPRM KPIs, leveraging insights to drive continuous improvements in risk management and operational performance.
- Stakeholder Engagement: Prepare impactful presentations and decision papers for senior leadership, ensuring alignment on priorities and risk management strategies.
Who You Are:
- Master’s degree in a relevant field (e.g., business, law, risk management).
- 5+ years of experience in TPRM, operational risk, compliance, or procurement governance, with a focus on the third-party lifecycle.
- Strong understanding of regulatory implications for third-party relationships, with a drive for continuous improvement and innovation.
- Proven ability to lead cross-functional initiatives and influence stakeholders at various levels.
- Excellent communication skills, capable of translating complex risk topics into clear business decisions.
This position can be filled outside of Germany and offers a chance to make a significant impact on our procurement processes while enhancing operational resilience and compliance. Join us in fostering a collaborative environment that prioritizes risk management and continuous improvement!
Job evaluation: Expert 3
Department: EF-PO-ST TPRM & Supplier Management
Other facts
About The businesses of Merck KGaA, Darmstadt, Germany
We are Merck KGaA, Darmstadt, Germany and its global affiliates. We are a leading global science and technology company headquartered in Germany.
We are curious explorers, courageous pioneers, and ingenious inventors. Our colleagues across the globe love innovating with science and technology to enrich people’s lives with our solutions in Life Science, Healthcare, and Electronics.
Together, we dream big and are passionate about caring for our rich mix of people, customers, patients, and the planet.
We believe in the positive power of science and technology. It has determined our actions since 1668 and inspires us to continue researching for a future worth living. As a family-owned company with over 350 years of experience, we stand for sustainability, responsibility, and innovative strength.
We take pride in being a diverse and inclusive company that values and fosters the talents and abilities of our employees. That's why we are always looking for curious minds that see themselves imagining the unimaginable with us.
Privacy Statement: https://www.emdgroup.com/en/privacy-statement.html
What you'll do
- Lead the optimization of Third-Party Risk Management processes and oversee the entire TPRM lifecycle. Drive standardization and innovation while ensuring compliance with regulatory standards.
Ready to join The businesses of Merck KGaA, Darmstadt, Germany?
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